Gardena, CA 90248,16701 S Denver AVE
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Gardena, CA 90248,16701 S Denver AVE
Gardena, CA 90248,16701 S Denver AVE
Gardena, CA 90248,16701 S Denver AVE
Gardena, CA 90248,16701 S Denver AVE

$799,000

Est. payment /mo

$874,999

8.7%
Est.Price: ?

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16701 S Denver AVE Gardena, CA 90248

5,066 Sqft Lot

SOLD DATE : 11/07/2025

Key Details

Sold Price $799,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25197083

Sold Date 11/07/25

HOA Y/N No

Year Built 1965

Lot Size 5,066 Sqft

Property Sub-Type Mixed Use

Property Description

16701 S Denver Ave is a well-located 4-unit apartment building in the city of Gardena, offering close proximity to major employment hubs and excellent freeway access. The property features a unit mix of (1) 2-Bed/1.5-Bath and (3) 1-Bed/1-Bath units, with 2 attached 2-car garages. The building totals 3,048 SF of living space on a 5,067 SF lot, priced attractively at $287.07/SF and $218,750 per unit. Current financials reflect a 4.24% CAP and 13.76 GRM, with a strong value-add opportunity to achieve an 7.29% market CAP and 9.55 GRM, representing 44% rental upside.

The property benefits from a central South Bay location with easy access to the 110, 91, and 405 freeways, placing tenants within 20 minutes of Downtown Los Angeles, LAX, and Long Beach. With its strategic location, stable in-place income, and clear potential for growth, 16701 S Denver Ave represents a strong investment opportunity for value-add investors and 1031 exchange buyers seeking a well-positioned asset in the South Bay market.

Location

State CA

County Los Angeles

Area 116 - North Gateway

Zoning LAR3

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6121004011

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Woody Stahl Lyon Stahl Investment Real Est broker@lyonstahl.com
Bought with Brett Lyon Lyon Stahl Investment Real Estate, Inc.
Andrew Rhoda
Andrew Rhoda

Agent | License ID: 01879250

+1(310) 295-7596 | andrew@andrewrhoda.com

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